# Vehicle actual cash value (ACV)

> We use actual cash value (ACV) to determine the value of your vehicle at a given time; it’s the industry standard method of putting a value on vehicles...

Source: https://help.turo.com/en_us/vehicle-actual-cash-value-(acv):-calculation-and-limits-ryJFLVxNc

Last updated: 2026-04-28T20:34:54.323Z

## Actual cash value (ACV)

We use actual cash value (ACV) to determine the value of your vehicle at a given time. It’s the industry standard method of putting a value on vehicles if they’re damaged and deemed a total loss. We determine ACV by using various data sources that compare your vehicle to similar ones in the market and provide a detailed valuation report that shows how we calculated your vehicle’s ACV.

We don't offer gap insurance or a depreciation waiver. Gap insurance purchased through an insurer or third party may cover your vehicle while it’s listed on Turo; check the policy terms to find out.

### United States

Turo covers vehicle ACV up to $200,000 minus your plan’s damage responsibility costs. 

## Australia

Turo covers vehicle ACV up to A$200,000.

## Canada

Turo covers vehicle ACV up to CA$150,000

## France

Turo and Baloise Assurances Luxembourg S.A. cover vehicle ACV up to 150,000 € minus your protection plan’s out-of-pocket. 

## UK

Turo covers vehicle ACV up to £70,000 with no damage responsibility costs on the More peace of mind plan and £250 damage responsibility costs on the Balanced plan.